Citigroup Cuts Guidewire Software (NYSE:GWRE) Price Target to $242.00

Guidewire Software (NYSE:GWRE) had its price target dropped by investment analysts at Citigroup from $267.00 to $242.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the technology company’s stock. Citigroup’s price objective would suggest a potential upside of 12.56% from the company’s current price.

Several other research analysts also recently issued reports on the company. Robert W. Baird lifted their price objective on Guidewire Software from $270.00 to $288.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Royal Bank Of Canada boosted their target price on shares of Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. The Goldman Sachs Group raised their price target on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. DA Davidson raised their target price on shares of Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Finally, Stifel Nicolaus boosted their price target on Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $272.00.

Guidewire Software Price Performance

GWRE traded up $0.65 during trading on Wednesday, reaching $215.01. 142,948 shares of the stock were exchanged, compared to its average volume of 892,382. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. The company has a market capitalization of $18.28 billion, a price-to-earnings ratio of 268.74, a P/E/G ratio of 14.73 and a beta of 1.19. Guidewire Software has a 1 year low of $165.08 and a 1 year high of $272.60. The business’s 50 day moving average price is $232.61 and its two-hundred day moving average price is $229.20.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.22. The business had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The business’s revenue was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities research analysts anticipate that Guidewire Software will post 0.52 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider James Winston King sold 798 shares of Guidewire Software stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $222.54, for a total value of $177,586.92. Following the transaction, the insider directly owned 37,019 shares of the company’s stock, valued at $8,238,208.26. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, President John P. Mullen sold 3,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $231.85, for a total value of $695,550.00. Following the sale, the president owned 152,958 shares of the company’s stock, valued at $35,463,312.30. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 112,342 shares of company stock worth $27,117,744 over the last three months. 0.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. acquired a new stake in shares of Guidewire Software in the first quarter valued at about $25,000. Quarry LP purchased a new position in Guidewire Software in the 1st quarter worth approximately $28,000. Root Financial Partners LLC acquired a new stake in Guidewire Software in the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Guidewire Software during the third quarter valued at approximately $29,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of Guidewire Software during the second quarter worth $30,000.

Guidewire Software Company Profile

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.